3-bedroom house · CH1 1SD
For saleListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic opportunity to acquire a period townhouse in a stunning conservation area.
Description Sitting in a beautiful conservation area, 10 The Groves is a charming mid-terrace period house in probably the most picturesque residential location in the city.
On the ground floor to the front of the house is a sitting room with lovely views over the river.
Beyond the sitting room is a cosy snug/study which could easily be connected to the sitting room to create open-plan living space.
The well equipped kitchen has a range of wall and base units and some integrated appliances. The owners have added a conservatory/garden room off the kitchen which is currently used as a dining room.
There is access from the hallway to a cellar which is used for storage. On the first floor is a principal bedroom with en suite shower room, two further guest bedrooms and a family bathroom.
To the front of the house is a paved parking area and at the rear is a very pretty walled courtyard garden is paved with raised mature beds. The property is currently tenanted.
Note: All images taken in 2023. Location The Groves is a fantastic riverside location within the Roman walls in the heart of the historic city of Chester.
All the amenities that the city has to offer including excellent shops and fine dining are within walking distance. For those who love theatre Storyhouse showcases a wide variety of productions.
A key attraction of Chester is the quality of education and this particular location is attractive to those with children schooled at King’s and Queen’s.
The Cathedral City of Chester is one of the north-west's leading retail and commercial centres and offers an extensive range of shops, restaurants and cultural activities.
Chester has direct access to the motorway network, linking to Manchester, Liverpool and their airports and to the North Wales coast.
There is a direct and regular rail service to London Euston (about 2 hours).
Chester is the home of one of the oldest racecourses in the country and it provides an extensive programme of horse racing and other events including polo.
Grosvenor Park, during the summer months, hosts a popular schedule of outdoor theatre. Square Footage: 1,265 sq ft Additional Info Mains gas. Mains electricity. Mains water. Mains drainage.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 10, The Groves, Cheshire
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